The Causes and Consequences of Corruption

Omar Azfar, Young Lee and Anand Swamy
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Young Lee: IRIS Center, University of Maryland at College Park
Anand Swamy: Economics Department at Williams College in Massachusetts

The ANNALS of the American Academy of Political and Social Science, 2001, vol. 573, issue 1, 42-56

Abstract: In recent years, economists have come to recognize that corruption is not just an aberration or a nuisance; it is a systemic feature of many economies, which constitutes a significant impediment to economic development. The authors present an overview of the literature on the causes and consequences of corruption and briefly comment on some policy issues, drawing on recent research, including their own.

Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:sae:anname:v:573:y:2001:i:1:p:42-56

DOI: 10.1177/000271620157300103

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